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Explanation:A search on "corporate workout" will yield about 140 or so hits; most of them from South East Asia.

From the contents of those websites, it would seem that Kristina is right - this has to do with restructuring.
See, for instance, the following:
Framework for corporate restructuring. Corporate and financial restructuring takes time. In order to avoid an unnecessarily long period of uncertainty and slow growth, however, a country's government needs to enhance efforts to resolve these systemic problems. A comprehensive approach requires an active government that will eliminate obstacles to restructuring; facilitate both formal and informal debt workouts; and establish an effective new legal, regulatory, accounting, and institutional framework. http://www.imf.org/external/pubs/ft/fandd/1999/03/iskander.h...

Answers

2 hrs

Umstrukturierung (?)

Explanation:This sounds almost like a euphemism for "shakeout" to me. If that hunch is correct, then it would be Umstrukturierung, or Gesundschrumpfung or Verschlankung (less formally put), or even Personalabbau (but make sure I interpreted this correctly before using any of these suggestions.

Explanation:A search on "corporate workout" will yield about 140 or so hits; most of them from South East Asia.

From the contents of those websites, it would seem that Kristina is right - this has to do with restructuring.
See, for instance, the following:
Framework for corporate restructuring. Corporate and financial restructuring takes time. In order to avoid an unnecessarily long period of uncertainty and slow growth, however, a country's government needs to enhance efforts to resolve these systemic problems. A comprehensive approach requires an active government that will eliminate obstacles to restructuring; facilitate both formal and informal debt workouts; and establish an effective new legal, regulatory, accounting, and institutional framework. http://www.imf.org/external/pubs/ft/fandd/1999/03/iskander.h...

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